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Editorial

MIF good money

“The layers of auditing are MIF’s strongest shield against irregularities. The Maharlika Investment Fund is not expected to earn an annualized return of 10 percent as its critics have demanded. Even the most successful sovereign wealth funds do not have such high yearly income. An 8.6 percent yield as estimated …

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Day of the Seafarer: Protector of the ocean

“Every day, hundreds of thousands of seafarers are underway on ships, playing a vital role in global trade, transporting cargoes, and ensuring passengers reach their destinations safely.” The significant contribution of seafarers to the world economy and their role in protecting the oceans was highlighted by International Maritime Organization (IMO) …

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‘23 for 2023’

News about Gilas Pilipinas struggling in its preparations for the FIBA World Cup that the country will host from 25 August to 10 September is truly heartbreaking. In fact, the Filipino cagers left for an all-important training in Europe without their three naturalized players and their biggest hope in the …

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Significant observance of Araw ng Maynila

Today, June 24, the City of Manila will celebrate its founding day exactly 452 years ago. Early settlers of the area that would later be called Maynila made the right decision in the 13th century to carve out a community near the banks of the great river Pasig, where fish …

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No breakthrough in Blinken visit

“China has never, nor will it ever, abide by the 12 July 2016 Arbitral Tribunal ruling in the South China Sea Arbitration. No major breakthroughs occurred in Beijing during Secretary Antony Blinken’s visit to the Chinese capital last 18-19 June, the first US Secretary of State to go to China …

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Why public service is vital

“For even the Son of Man did not come to be served, but to serve, and to give his life as a ransom for many.” This passage from Mark 10:45 aptly underscores the importance of public service — serving and sacrificing for others that they may enjoy a better life. …

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Infra inevitable

“The government will have to infuse up to P1.5 trillion a year in infrastructure projects to catch up with our well-developed neighbors such as Malaysia and Thailand. The inevitability of an infrastructure buildup to nudge the country into competing in a much integrated and, thus, the investment-competitive world has been …

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Fake news must have no place in modern society

Since ancient times, gossip has been frowned upon as it destroys the very fabric that holds a community together. Numerous verses in Proverbs emphasize the hostility and negativity that can arise from seemingly “harmless” gossip. Once gossip is spread, it becomes inevitable to contain or erase it, thereby tarnishing the …

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Custom-made crisis

“Yearly, the agriculture sector has been the laggard of the economy as it achieves minimal growth compared to the soaring expansion in other industries. During a recent Senate hearing, many were dumbstruck after the Bureau of Customs or BoC pointed out “loopholes” in the battle against agricultural smuggling. Pervasive problems, …

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